Resourceful Automobile IPO description – Resourceful Automobile actively deals in Yamaha two-wheelers through its showroom “Sawhney Automobiles.” Specializing in motorcycle and scooter sales and services, it prides itself on offering quality products and exceptional customer service, making it a trusted destination for motorcycle enthusiasts.
Sawhney Automobile attends to many customer tastes and requirements by providing an extensive array of two-wheelers. Their stock includes commuter bikes, sport bikes, cruisers, and scooters sourced from well-known manufacturers. Being an authorized Yamaha dealership ensures customers can access the newest models and genuine spare parts.
Currently, the company operates two concept-driven showrooms, each with an integrated workshop. The Blue Square outlet, situated in Dwarka, New Delhi, showcases Yamaha’s entire range of two-wheelers, apparel, and accessories. Both of these new locations are 3S facilities, providing end-to-end Sales, Service, and Spares support. Additionally, the company has another showroom located on Palam Road, New Delhi.
As of 31 July 2024, Sawhney Automobile employs a total of 8 staff members.
Promoters of Resourceful Automobile – Mr. Rahul Sawhney, Mrs. Megha Chawla, and Mrs. Bindu Sawhney
Table of Contents
Resourceful Automobile IPO Details
| Resourceful Automobile IPO Dates | 22 – 26 August 2024 |
| Resourceful Automobile Issue Price | INR 117 per share |
| Fresh issue | 10,24,800 shares (INR 11.99 crore) |
| Offer For Sale | NIL |
| Total IPO size | 10,24,800 shares (INR 11.99 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 1,40,400) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Resourceful Automobile Financial Performance
| FY 2021 | FY 2022 | FY 2023 | 11M FY 2024 | |
| Revenue | 1,103.79 | 1,231.71 | 1,883.92 | 1,653.86 |
| Expenses | 1,126.44 | 1,211.49 | 1,878.37 | 1,518.65 |
| Net income | 0.16 | 28.73 | 41.50 | 152.24 |
Resourceful Automobile Offer News
- Resourceful Automobile RHP
- Resourceful Automobile Addendum
- Resourceful Automobile Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Resourceful Automobile Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.03 | 5.75 | 4.27 |
| PE ratio | – | – | 27.40 |
| RONW (%) | 0.35 | 38.42 | 25.37 |
| NAV | 9.21 | 14.96 | 16.81 |
| ROCE (%) | 9.43 | 13.04 | 16.07 |
| EBITDA (%) | 3.28 | 7.36 | 7.84 |
| Debt/Equity | 5.86 | 9.01 | 4.57 |
Resourceful Automobile IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 28 August 2024 | 90 | – | 82,000 |
| 27 August 2024 | 80 | – | 75,000 |
| 26 August 2024 | 80 | – | 75,000 |
| 24 August 2024 | 73 | – | 69,000 |
| 23 August 2024 | 67 | – | 64,000 |
| 22 August 2024 | 55 | – | 51,000 |
| 21 August 2024 | 42 | – | 38,500 |
| 20 August 2024 | 35 | – | 32,000 |
| 19 August 2024 | 25 | – | 20,000 |
Resourceful Automobile IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 4,75,200 | 4,98,000 | 9,73,200 |
| 26 Aug 2024 | 349.72 | 484.87 | 418.87 |
| 23 Aug 2024 | 43.48 | 103.91 | 74.40 |
| 22 Aug 2024 | 2.84 | 17.51 | 10.35 |
The market maker reservation portion of 51,600 shares is not included in the above calculations.
Resourceful Automobile IPO Allotment Status
Resourceful Automobile IPO allotment status is now available on Cameo Corporate Services’ website. Click on Cameo Corporate Services weblink to get allotment status.
Resourceful Automobile IPO Dates & Listing Performance
| IPO Opening Date | 22 August 2024 |
| IPO Closing Date | 26 August 2024 |
| Finalization of Basis of Allotment | 27 August 2024 |
| Initiation of refunds | 28 August 2024 |
| Transfer of shares to demat accounts | 28 August 2024 |
| IPO Listing Date | 29 August 2024 |
| Opening Price on BSE SME | INR 117 per share (no change from allotment price) |
| Closing Price on BSE SME | INR 122.85 per share (up 5%) |
Resourceful Automobile Offer Lead Manager
SWASTIKA INVESTMART LIMITED
Flat No18, 2nd Floor, North Wing,
Madhaveshwar Coop Hsg Society Ltd, Madhav Nagar,
11/12 SV Road, Andheri West Mumbai – 400058
Phone: +91-22-26254568-69 / 0731-6644244
Email: [email protected]
Website: www.swastika.co.in
Resourceful Automobile Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
“Subramanian Building”, No. 01, Club House Road,
Mount Road, Chennai – 600 002, Tamil Nadu
Phone: +91-44-40020700, 28460390
Email: [email protected]
Website: www.cameoindia.com
Resourceful Automobile IPO Contact Details
RESOURCEFUL AUTOMOBILE LIMITED
K-24, Upper Ground, KH No. 107/10 Main Road,
Raja Puri, West Delhi, New Delhi – 110059
Phone: +91 – 97737 84969
E-mail: [email protected]
Website: www.sawhneyauto.com
Sawhney Automobile IPO FAQs
What is Resourceful Automobile offer size?
Resourceful Automobile offer size is INR 11.99 crores.
What is Resourceful Automobile offer price band?
Resourceful Automobile public offer price is INR 117 per share.
What is the lot size of Resourceful Automobile IPO?
Resourceful Automobile offer a lot size is 1,200 shares.
What is Resourceful Automobile IPO GMP today?
Resourceful Automobile IPO GMP today is INR 90 per share.
What is Resourceful Automobile kostak rate today?
Resourceful Automobile kostak rate today is INR NA per application.
What is Resourceful Automobile Subject to Sauda rate today?
Resourceful Automobile is Subject to Sauda rate today is INR 82,000 per application.
